Burns & Wilcox - Morehead City, NC

posted 5 months ago

Full-time - Mid Level
Hybrid - Morehead City, NC
Insurance Carriers and Related Activities

About the position

As a Commercial Lines Underwriter at Burns & Wilcox, you will play a crucial role in providing coverage for unique and unconventional risks. This position offers unparalleled resources and exposure for those looking to excel in the specialty insurance industry. You will be responsible for building, maintaining, and growing a book of business while managing agency relationships and serving as the lead client contact. Your expertise will be essential in creating and executing a marketing plan aimed at increasing both new and renewal business. In this role, you will rate, quote, and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business. You will also develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management. Monitoring key metrics will be a critical part of your responsibilities, as you will need to formulate corrective actions impacting new business hit, renewal retention, premium growth, and loss ratio. Additionally, you will lead, train, and develop Assistant and Associate Underwriters, ensuring that your team is equipped with the necessary skills and knowledge to succeed in the industry.

Responsibilities

  • Build, maintain, and grow a book of business
  • Manage agency relationships and serve as lead client contact
  • Create and execute marketing plan to increase new and renewal business
  • Rate, quote and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business
  • Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management
  • Monitor key metrics to formulate corrective action impacting new business hit, renewal retention, premium growth, and loss ratio
  • Lead, train, and develop Assistant and Associate Underwriters

Requirements

  • Bachelor's degree or equivalent combination of education and experience
  • Minimum 3 years of commercial lines underwriting experience required, excess & surplus experience required
  • Demonstrated proficiency in sales and marketing
  • Proven organization skills and ability with a strong attention to detail
  • Interest in continued education and professional development
  • Insurance license, CPCU, CIC or comparable designations preferred

Benefits

  • Competitive base compensation & sales incentive bonus plan
  • Flexible and hybrid work options
  • Health benefits & 401K with employer match
  • Employer paid continuing education courses and designations
  • Many opportunities for career advancement
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